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SpaceX makes largest ever stock market debut, making Elon Musk world’s first trillionaire

Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumped

The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply

The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control

After SpaceX’s huge IPO, Americans’ financial future will be bound to AI

They’re about to get more AI rammed down their throats, stuck into their pension plans and investment portfolios

SpaceX heads for record $1.78tn float amid fears it is overvalued

Analysts say IPO that could make Elon Musk the world’s first trillionaire has a ‘major disconnect’ on price

Met police chief calls for law to make stolen phones ‘unusable bricks’

Home secretary also urged to force tech firms to share data on stolen devices and if they are reactivated

Labor to set terms for datacentre and AI growth as it vows not to repeat mistakes of resources boom

Assistant minister agrees concerns over resource usage are legitimate but argues Australia cannot ignore ‘consequential’ economic wave

Global brands ‘likely’ using mineral that funds rebels accused of atrocities in DRC, investigation finds

Amazon and Sony among firms that may have sourced coltan, used in phones, from supply chains controlled by the M23 rebels, says Global Witness

Crackdown on tech platforms will go ahead despite US intervention, says No 10

US embassy came out against UK’s proposed under-16 social media ban, which would affect American firms

All signs point to Trump pushing AI growth

Also: Anthropic advocates for a ‘pause’ on AI advancement – days after filing to go public on the US stock market

Bank of England warns of AI scams as deepfakes of Farage-Bailey fight spread

Governor urges people to report videos on X that falsely show the men clashing in the Question Time studio

White House urges UK not to ban social media for under-16s

Trump administration says restrictions could impose ‘disproportionate’ burden on US tech companies

OpenAI confidentially files for initial public offering on US stock market

ChatGPT maker expected to be valued at more than $850bn, one of most highly valued listings in market history

Billions spent and hypothetical returns: the AI boom explained with six charts

Expenditure is growing fast and consumer take-up accelerating. But alarm bells are sounding

Cloned sites: the shopping scams that lead ChatGPT to fake stores

Buyers are ripped off after assuming online stores were genuine because they are recommended by an AI tool

SpaceX IPO: how can I buy shares, and what are the risks?

Elon Musk firm plans the biggest stock market launch in history – but experts have flagged potential downsides

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  • Crown estate makes more than £1bn profit for third year running
  • US media regulator Brendan Carr accuses Disney of ‘misinformation’ on investigations
  • ‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero targets if he becomes PM
  • Burnham could become PM on 17 July based on Labour leadership contest timetable – as it happened
  • Ryanair ditches family seating fees; Markets at record highs as oil hits pre-Iran war levels – as it happened
  • Unison chief endorses Ed Miliband for chancellor in a Burnham government
  • US supreme court blocks thousands of lawsuits over Roundup maker’s pesticide warning labels
  • Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
  • Can a $290m film studio on a former cow paddock lure Hollywood to Perth?
  • Make pension tax relief only available to savers prepared to invest in UK, Andy Haldane says
  • Ryanair adopts ‘free of charge’ family seating policy after watchdog investigation
  • Reform UK plan to target EU nationals based in Britain ‘absolutely outrageous’
  • Great Britain’s grid operator pays £10m for extra power to avoid supply crunch tonight
  • Reeves backs Burnham to be PM despite reports she may be offered lesser role
  • UK to halve tariff-free steel imports to counter glut of cheap Chinese metal
  • Rome airports threaten to suspend new EU passport system to avoid summer ‘disaster’
  • The great tinification: how Britain fell in love with canned cocktails
  • Elizabeth Warren says ‘tsunami of anger’ could prompt reversal of Trump-era mega mergers
  • EasyJet opens talks with Castlelake after rejecting £4.9bn takeover offer
  • Fortescue class action: female workers claim sexual harassment at remote mine sites
  • It’s not the bond markets Andy Burnham should be afraid of. It’s his own MPs
  • 1 July changes: minimum wage rises, payday super, parental leave tweaks and everything else coming for 2026–27
  • Elon Musk loses trillionaire status as SpaceX and Tesla stock drops
  • Exploit last North Sea oil and gas or risk mass job losses, Andy Burnham urged
  • Another FTSE firm is under attack from a US raider. Demand top dollar
  • Bedford crash occurred after train passed red signal, investigators believe
  • Former WH Smith’s small suppliers to lose at least half of debts in rescue plan
  • Cyril Shack obituary
  • Badenoch will ‘absolutely not’ apologise for PMQs comments about Starmer’s downfall, spokesperson says – as it happened
  • Musk loses trillionaire status as SpaceX shares ‘come down to earth with a bump’ – as it happened

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